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Fiat Chrysler Australia executive in trouble over misuse of company funds

While the merger to create FCA was coming together, its managing director for Australia, Clyde Campbell, was allegedly racking up 30 million Australian dollars ($23.1 million) in spending for himself, family, and friends. Now, the former boss is facing a court case from the automaker's legal team for the purported misappropriation. Among the more opulent expenses that Campbell allegedly put on Chrysler's tab included a 40-foot yacht worth the equivalent of $308,000 and lavish Christmas parties for workers, according to The Age. Despite being required to only travel in economy class and get permission for international travel, he also reportedly racked up the equivalent of over $413,000 travel expenses. "The more we dug, the more we found," said an unnamed source to The Age. Campbell came to power in Australia as a general manager for DaimlerChrysler, and became managing director in October 2010. He was reportedly a close friend with former Mercedes-Benz USA CEO Ernst Lieb. After Lieb lost his wrongful dismissal lawsuit, Campbell allegedly helped his friend's partnership in an Aussie auto dealer by using FCA funds for financial support totaling the equivalent of about $3 million. All of this came to light when Pat Dougherty came over from the US to be president and CEO of FCA Australia in December 2014. The staff spilled the full story on Dougherty's first day. "I walked into his office and let it all out. I don't think he knew what hit him," another source said to The Age. A team of forensic accountants was brought in to investigate. The reason that this took so long to discover was that no one was paying attention. First, sales in Australia were growing under Campbell. Also, "in my opinion, back in Michigan, head office didn't have its eyes on the road. They only had eyes on the Fiat deal," an insider said to The Age. That confluence essentially provided the perfect storm for this huge spending. News Source: The AgeImage Credit: Giuseppe Cacace / AFP / Getty Images Government/Legal Chrysler Fiat lawsuit FCA

Chrysler-Fiat quality chief out after another poor Consumer Reports showing

Fiat Chrysler has announced a management change following the company's woeful performance in the latest Consumer Reports Annual Auto Reliability Survey. Of the 28 brands surveyed, FCA's marques occupied the five the seven lowest scores, while Dodge, Ram, Jeep and Fiat were the four lowest scorers.
Doug Betts, FCA's 51-year-old head of quality "left the company to pursue other interests," which, considering the aforementioned paragraph, means he was sacked. According to Automotive News, Betts joined Chrysler in 2007, defecting from Nissan, and, insiders report, had a somewhat tumultuous relationship with new boss Sergio Marchionne.
His replacement is the newly promoted Matthew Lidane (shown at inset), who was formerly VP of systems and components. Lidane has been at Chrysler since 1987 and was previously chief engineer of the Jeep product team as well as the vehicle line boss for the compact US wide platform which (ironically) underpins two of FCA's lowest scoring vehicles, the Dodge Dart and Jeep Cherokee.

Swatch unleashes fleet of Fiats to sell MoonSwatches across the U.S.

The Omega Speedmaster is one of the most sought-after and iconic watches ever made, so it was no surprise when parent company Swatch got in on the action with a series of unique, entry-level quartz “MoonSwatch” collaboration watches. Buying the hot-selling bio-ceramic watches has been a chore, as Swatch only offers them in its limited number of stores. To help meet demand and promote the watches, the company is releasing a fleet of Fiat Cinquecentos to select locations where theyÂ’ll sell the timepieces on the streets. The MoonSwatch retails for $260, but their limited release pushed online resale “values” over $1,000 in some cases. The planet-themed watches arenÂ’t limited, but Swatch refuses to sell them online. The Fiat fleet will feature the same themes and visit cities around the country starting October 22. Swatch's “Mission to Mars” car will start its journey in Miami and hit other cities around Florida, while the “Mission to the Sun” Fiat will tour major metro areas in California. The blue “Mission to Neptune” car will visit locations in the Midwest. Though the tour began in July, the American portion doesnÂ’t start until this weekend. In all, eleven vehicles will travel the globe selling the watch. Swatch hasnÂ’t given out a set schedule and doesnÂ’t plan to, only saying that the cars will cover three regions in the United States. If you live in one of the regions listed, your best bet to snag a MoonSwatch is to keep your eyes peeled. Swatch also hasnÂ’t detailed which watch models each car will offer, so finding one doesnÂ’t guarantee youÂ’ll get the planet/color you want. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Weird Car News Fiat watch